ECB Policy: Flooding the Market

Europe is teetering on the brink of recession, as austerity policies across the region depress domestic demand.  This situation is exacerbated by an inability or ...

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Household Debt- a moral and economic dilemma

The high level of household debt poses a social and economic threat to the country.  However, debt “forgiveness” as ...

Morgan Kelly and the Bailout

 

There are two planks to Morgan Kelly’s “solution” to Ireland’s plight. The first is to eliminate the Budget deficit as quickly as possible. The ...

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Banking Crisis – Fiscal Crisis

The banking crisis has been the main focus of recent debate in Ireland while the fiscal crisis has received precious little attention. ...

The number of people who are long-term unemployed i.e.12 months or more, is likely to exceed 100,000 at the moment. The evidence is that their chances of re-employment diminish the longer ...